penny wise and pound foolish, there is away in a need to turn our budgets intelligently for fyi 2011, 2012, and 2013, limit resources without affecting our mission were dedicated professionals. alec for to hearing from you and hopefully the public will learn from what we're doing. thank you. >> thank you. kayfor is yours. >> thank you. distinguished members of the committee, we are here today to present the 2013 worldwide threat assessment. they can be reviewed events. our attempts to avoid revealing classified information circumspect or improper reasons. as we encountered when publicly discussing the details of national security matters. as to discuss certain matters in closed session, protecting our intelligence source methods and to be sensitive to the delicate relations. they and our adversaries all carefully listened to them what these hearings will as i have are white. the topic, and you have already boarded up, the topic is foremost on all of our minds this year, sequestration. i raise it in this hearing because the effects of sequestration amplify the threats are discussed lat